For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Andhra Pradesh Grameena Vikas Bank for its Narsapuram branch in Bhadrachalam, Bhadradri Kothagudem, Telangana, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Andhra Pradesh Grameena Vikas Bank located in Bhadrachalam or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code APGV0004167. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Andhra Pradesh Grameena Vikas Bank, Narsapuram, Bhadrachalam
Here are the key points that are associated with the IFSC Code APGV0004167 of Andhra Pradesh Grameena Vikas Bank for its branch located in Bhadrachalam, within the district of Bhadradri Kothagudem in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Andhra Pradesh Grameena Vikas Bank |
| IFSC Code | APGV0004167 |
| Branch | Narsapuram |
| City | Bhadrachalam |
| District | Bhadradri Kothagudem |
| State | Telangana |
| Address | Narsapuram 4167,Mandal Dummugudem,Dist Khammam. 507 111Narsapuram 4167 |
These details are important not only for users using online banking but also for businesses and individuals who use Andhra Pradesh Grameena Vikas Bank in Bhadrachalam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code APGV0004167 for the Narsapuram branch of Andhra Pradesh Grameena Vikas Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Andhra Pradesh Grameena Vikas Bank located in Narsapuram, Bhadrachalam, Telangana, are allotted a unique IFSC like APGV0004167 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhadrachalam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhadrachalam and Bhadradri Kothagudem.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Andhra Pradesh Grameena Vikas Bank in Narsapuram reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code APGV0004167
The format of the IFSC Code for banks, including Andhra Pradesh Grameena Vikas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Andhra Pradesh Grameena Vikas Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Narsapuram in Bhadrachalam.
For example, the IFSC Code APGV0004167 of Andhra Pradesh Grameena Vikas Bank for the Narsapuram branch has these elements, identifying the bank and the branch location in Bhadrachalam and Telangana correctly.
How to Find IFSC Code for Andhra Pradesh Grameena Vikas Bank?
If you are trying to find the IFSC Code APGV0004167 of Andhra Pradesh Grameena Vikas Bank for its Narsapuram branch located in Bhadrachalam, the following methods can help:
Cheque Book
The cheque book issued by Andhra Pradesh Grameena Vikas Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Andhra Pradesh Grameena Vikas Bank branches in Bhadrachalam and Bhadradri Kothagudem, print them on the first page of your passbook.
Bank Website
Visit the official website of Andhra Pradesh Grameena Vikas Bank and navigate to the branch locator section. Search for Narsapuram or Bhadrachalam to get the exact IFSC Code APGV0004167.
Mobile Banking App
If you use Andhra Pradesh Grameena Vikas Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Andhra Pradesh Grameena Vikas Bank and Bhadrachalam, you'll get the correct details.
How to Use IFSC Code APGV0004167 for Online Transfers?
If you have the IFSC Code APGV0004167 for the Narsapuram branch of Andhra Pradesh Grameena Vikas Bank in Bhadrachalam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code APGV0004167. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Andhra Pradesh Grameena Vikas Bank IFSC Code APGV0004167.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Andhra Pradesh Grameena Vikas Bank Narsapuram in Bhadrachalam, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Andhra Pradesh Grameena Vikas Bank in Narsapuram, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Andhra Pradesh Grameena Vikas Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Bhadrachalam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is APGV0004167.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Narsapuram 4167,Mandal Dummugudem,Dist Khammam. 507 111Narsapuram 4167 located in Bhadrachalam, Bhadradri Kothagudem, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.